Use this calculator to run "what if" scenarios for the EquityGenie system.
Try different income, expense and interest rate numbers to see the impact those things have on the EquityGenie system.
It gives estimations of the
payoff time and interest savings as well as the "Effective APR" of the EquityGenie system.
The"Effective APR" is the approximate interest rate you would have to be able to secure on your mortgage to get the same results as the EquityGenie system.
Now when your friends are bragging about their "great" 5% rate they were able to negotiate on their mortgage, you can proudly announce your EquityGenie rate that will make their "great" rate look silly!
The projections in these calculators are only estimations.
Calculator 2: Item Projections Calculator
Use this calculator to see the impact of an individual item coupled with the EquityGenie system.
An "item" can be an expense or income.
The idea is to
see the impact of making a purchase instead of using that
money to pay down your mortgage.
You can also see the impact of paying in extra income like an income tax refund
check or a bonus you get from your job.
It also gives estimations of the
payoff time and interest savings as well as the "Effective APR" of the EquityGenie system.
The projections in these calculators are only estimations.